VSPT Wine Group has seen an 11% increase in sales for Q2 to maintain its number one spot in the Chilean market.

South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.

The CEO of the VSPT Wine Group, Pedro Herane, has become a new board member for Wines of Chile, the trade association which represents viticultural producers in Chile.

Chinese distiller, the Yanghe Distillery Company, has bought a 12.5% stake in the VSPT Wine Group, Chile’s second largest wine producer and exporter.

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